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Net Income per Share (Tables)
12 Months Ended
Jul. 31, 2021
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income per Share
The following table presents the calculation of basic and diluted net income per share (in millions, except per-share amounts):
Years EndedJuly 31, 2021July 25, 2020July 27, 2019
Net income$10,591 $11,214 $11,621 
Weighted-average shares—basic4,222 4,236 4,419 
Effect of dilutive potential common shares14 18 34 
Weighted-average shares—diluted4,236 4,254 4,453 
Net income per share—basic$2.51 $2.65 $2.63 
Net income per share—diluted$2.50 $2.64 $2.61 
Antidilutive employee share-based awards, excluded69 76 55